Former Wipro CEO and managing director Thierry Delaporte earned more than $20 million (approximately ₹166 crore) making him the highest-paid CEO in the IT industry for second year in a row. Thierry Delaporte resigned from the company in April and has been replaced by Srinivas Pallia.
Wipro CEO Thierry Delaporte is the highest paid CEO in India. (PTI)
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As per Wipro’s 20-F filings with the US Securities and Exchange Commission, Thierry Delaporte earned more than $3.9 million as salary and allowance, over $5 million as commission/variable pay. He also got $7 million classified as others and more than $4 million as long-term compensation. In comparison, Srinivas Pallia is getting an annual remuneration package of approximately ₹50 crore- second-highest among CEOs in the Indian IT industry for FY25.
This comes as Wipro's revenue in FY24 declined YoY to ₹89,760 crore from ₹90,486 crore.
Tech Mahindra’s Mohit Joshi is next in the list with an annual fixed compensation of ₹6.5 crore and an equal amount in annual variable pay. Meanwhile, Tata Consultancy Services (TCS) CEO and MD K Krithivasan got ₹25.36 crore in annual compensation in FY24- lowest amongst the large IT companies.
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Tech Mahindra’s Mohit Joshi is next in the list with an annual fixed compensation of ₹6.5 crore and an equal amount in annual variable pay. Meanwhile, Tata Consultancy Services (TCS) CEO and MD K Krithivasan got ₹25.36 crore in annual compensation in FY24- lowest amongst the large IT companies.
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Home/Business/Highest paid CEO in Indian IT for FY24 is Thierry Delaporte. His salary is…
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